Cardiovalve

Cardiovascular Replacement Devices for Minimally Invasive Surgery

Health Tech & Life Sciences
Acquired by Venus Medtech
Acquired Or Yehuda Founded 2010
Total raised
$45.5M
Last: Undisclosed 2020-08
Stage
Acquired
Founded
2010
Headcount
51
HQ
Or Yehuda
Sector
Health Tech & Life Sciences

About

Cardiovalve is developing cardiovascular replacement devices for minimally invasive surgery. Its flagship system is designed to replace the mitral valve using a transfemoral system. Cardiovalve is designed from the bottom up for transfemoral/transseptal delivery with femoral venous access. This approach offers significant benefits including a short profile for minimal protrusion to the left ventricle, minimizing interference in the cardiac blood flow, and increased safety. The company aims to bring to market a viable, clinically proven transfemoral alternative to open-heart surgery in which mitral regurgitation treatments are easier to perform for physicians, enabling patients to return to a healthy life after a quicker recovery. Cardiovalve received FDA approval for an Early Feasibility Study of its Transcatheter Tricuspid Valve Replacement System for a tricuspid regurgitation indication. The Cardiovalve System has also been granted Breakthrough Device Designation status by the FDA. Cardiovalve is a spin-off of Valtech Cardio, which was acquired by Edwards Lifesciences in 2017.

Funding history · 2 rounds · $45.5M total

2020-08
Undisclosed $40.0M
2016-11
Undisclosed $5.5M

Sectors & technology

Primary sector
Health Tech & Life Sciences
Sub-sectors
Health Tech & Life SciencesMedical DevicesMedical Treatment & Therapeutics
Technologies
Materials & Substances
Target customers
Healthcare & Life SciencesHealthcareProvidersPatients
Business model
B2B

Highlights

1 Patents

Tags

doctorscatheterssurgeryvalveshospitalsmedical-devicescardiologyheart-diseasesminimally-invasive